US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This decision follows a “record-breaking” year for the exploration and ...

In 2023, USEDC closed 19 transactions and deployed nearly $600 million, most in the Permian Basin, with other projects in the Barnett, Haynesville, and Powder River basins. "Our long-term ...

Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin. Two semitrailer trucks owned by ...

In a statement sent to Rigzone this week, U.S. Energy Development Corporation (USEDC) announced “plans to deploy up to $1 billion during 2025, primarily in the Permian Basin”. USEDC said in ...

The two companies agreed a separate contract to develop the Delaware sub-basin until 2027, the statement added. Ecopetrol's operations in the Permian basin have boosted the company's production ...

(Eli Hartman/Odessa American) The Chevron Corp. reports record production globally and in the United States including outstanding performance in the Permian Basin that exceeded expectations with ...

BOGOTA (Reuters) - Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin in Texas.